OTEVA LIMITED

Company Registration Number:
09590682 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

OTEVA LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

OTEVA LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Olukayode Ajayi
Gbejesuga Teniola Babalola
Registered office: 1
Woodside Court
Middleton
Leeds
England
LS10 4US
Company Registration Number: 09590682 (England and Wales)

OTEVA LIMITED

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Gbejesuga Teniola Babalola

The director(s) shown below were appointed to the company during the period
Olukayode Ajayi
18 September 2022

This report was approved by the board of directors on 20 February 2024
And Signed On Behalf Of The Board By:

Name: Olukayode Ajayi
Status: Director

Name: Gbejesuga Teniola Babalola
Status: Director

OTEVA LIMITED

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 15,800 -
Cost of sales ( 7,785 ) ( 3,800 )
Gross Profit or (Loss) 8,015 ( 3,800 )
Administrative Expenses ( 11,911 ) ( 14,113 )
Operating Profit or (Loss) ( 3,896 ) ( 17,913 )
Profit or (Loss) Before Tax ( 3,896 ) ( 17,913 )
Profit or (Loss) for Period ( 3,896 ) ( 17,913 )

The notes form part of these financial statements

OTEVA LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 8,033
Cash at bank and in hand: 7 27
Total current assets: 7 8,060
Creditors: amounts falling due within one year: 5 ( 2,320 )
Net current assets (liabilities): 7 5,740
Total assets less current liabilities: 7 5,740
Creditors: amounts falling due after more than one year: 6 ( 5,796 ) ( 7,633 )
Total net assets (liabilities): ( 5,789 ) ( 1,893 )

The notes form part of these financial statements

OTEVA LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 5,790 ) ( 1,894 )
Shareholders funds: ( 5,789 ) ( 1,893 )

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 February 2024
And Signed On Behalf Of The Board By:

Name: Olukayode Ajayi
Status: Director

Name: Gbejesuga Teniola Babalola
Status: Director

The notes form part of these financial statements

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors


2023
£

2022
£
Other debtors 8,033
Total 8,033

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 2,320
Total 2,320

OTEVA LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 5,796 7,633
Total 5,796 7,633